A federal judge has ordered THR & Associates founder Jeff Parsons to appear next month in Springfield for failure to pay $12.3 million in overtime wages and penalties owed former employees of the buy-sell-trade company.

The order early this month by U.S. Magistrate Judge Thomas Schanzle-Haskins also prohibits Parsons from transferring or disposing assets.

Parsons was directed to appear in the courtroom of Schanzle-Haskins at 2 p.m. July 10 to be questioned “under oath” on accounts, property, income and other assets. Parsons was ordered to provide documentation and other records by July 3 to attorneys representing former THR employees.

In addition to overtime wages and penalties, Parsons has been ordered to pay nearly $121,000 in attorneys' fees and interest.

Approximately 150 former THR employees joined the class-action lawsuit started by Shannon Lee in the spring of 2012. Lee, who worked for THR in Florida, said the company used a variety of methods — including misuse of management titles — to circumvent federal law requiring workers be paid overtime for more than 40 hours a week.

In May, U.S. District Judge Richard Mills awarded a default judgment in favor of the workers after finding Parsons ignored court proceedings and had attempted to hide assets. Court documents indicate Parsons now lives in Texas.

THR & Associates, founded in Springfield in 2010, conducted “road show” buying events around the country prior to the collapse of the company in 2012. THR and Parsons filed for corporate and personal bankruptcy in 2012.

The bankruptcy judge last year threw out both petitions after concluding Parsons had tried to defraud the court by hiding assets.

Schanzle-Haskins prohibited Parsons from “making or allowing any transfer or other disposition of, or interfering with any property not exempt from execution or garnishment” up to double the amount of the $12.3 million judgment and legal fees.

The order lists 31 types of documents that must be produced by Parsons, including federal and state income tax returns, pay stubs, monthly bank statements, real-estate purchases and sales, loans, deeds, precious metals and other valuables, stocks and bonds, and corporate records.